Philippines’ Q4 agriculture output up after 4 quarters of declines
MANILA, Jan 26 (Reuters) –
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The Philippines’ overall agricultural output grew at an annual pace of 0.6% by value in October-December, after four consecutive quarters of contraction, as gains in crops, poultry and fisheries offset losses in livestock due to an African swine fever outbreaks, data on Wednesday showed
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Crops output, which accounted for about 60% of the overall agricultural production in the fourth quarter, rose 2.6% as paddy rice harvest increased 0.2%
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Livestock production shrank 9.7%, but fisheries output grew 1.4% and poultry rose 2.7%
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The government will release overall economic output for the same period on Thursday
(Reporting by Enrico Dela Cruz
Editing by Ed Davies)
This article originally appeared on reuters.com